How to calculate the handling fee for withdrawing coins from Bitpie cold wallet to the exchange (2025)

The handling fee for withdrawing coins from Bitpie cold wallet to the exchange consists of handling fee and mining fee: 1. Handling fee: fixed basic handling fee plus transaction amount multiplied by dynamic handling rate; 2. Mining fee: transaction size Multiplied by the unit miner rate recommended by the system, the unit miner rate recommended by the system will be adjusted in real time based on network congestion.

How to calculate the handling fee for withdrawing coins from Bitpie cold wallet to the exchange

Using Bitpie cold wallet to withdraw coins to the exchange When the time comes, the fees that need to be paid mainly include two parts:

1. Handling fee

The handling fee is the fee charged by the Bitpie cold wallet to the user, which is used to pay the network Fees for processing transactions. The amount of the handling fee depends on the withdrawal network and the transaction amount.

Generally speaking, the calculation formula for handling fee is:

手续费 = 基本手续费 + (交易金额 * 动态手续费率)

• Basic handling fee: a fixed fee charged by each network, usually 0.0005 BTC to 0.005 BTC.
• Dynamic handling rate: a rate that fluctuates according to network congestion, usually between 0.1% and 2%.

2. Mining fee

Mining fee is the fee paid to miners for processing and confirming transactions. The amount of the mining fee is determined by the size of the transaction and network congestion.

Generally speaking, the calculation formula for miner fees is:

矿工费 = 交易大小（字节数）* 系统建议的单位矿工费率

The unit miner fee recommended by the system is a dynamic value and will change according to the network Adjust in real time according to congestion conditions. Users can choose different miner rates based on their own transaction time requirements. A higher miner rate can make transactions confirmed faster.

Example:

Suppose you want to withdraw 1 BTC from Bitpie cold wallet to an exchange, using the Bitcoin network. The current network congestion is moderate, and the system recommended unit miner rate is 1 sat/byte.

Then, the calculation of the handling fee is as follows:

• Basic handling fee: 0.0005 BTC
• Dynamic handling rate: 1%
• Transaction amount : 1 BTC

Handling fee = (0.0005 BTC) (1 BTC * 0.01) = 0.0105 BTC

The mining fee is calculated as follows:

• Transaction Size: 1000 bytes (average size of Bitcoin transactions)
• System recommended unit miner rate: 1 sat/byte

Miner fee = 1000 bytes * 1 sat/byte = 1000 sat (or 0.00001 BTC)

Therefore, the total handling fee is:

Handling fee Mining fee = 0.0105 BTC 0.00001 BTC = 0.01051 BTC

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